Goldman Sachs lowers forecast 2020 U.S. shale oil output growth
Goldman Sachs wound back its forecast for growth in U.S. shale output in 2020, and slightly reduced its outlook for 2020 global oil demand growth.
Market wire
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Headlines on the small cap U.S. and Canadian companies we follow, pulled from the wires as they publish. Every story opens at its original source.
India's Infosys U.S. listed shares plunge after whistleblower complaints
U.S.-listed shares of Infosys Ltd fell nearly 16% in premarket trading on Monday after the Indian software services exporter said it had received whistleblower complaints alleging...
Asian shares tick up, pound skids on Brexit tumult
Asian stocks edged up on Monday as Chinese shares reversed early losses, supported by hopes for progress in resolving the U.S.-China trade war, while sterling slipped...
Oil prices dragged lower by sluggish demand, supply outlooks
Oil prices eased on Monday amid persistent concerns about the global economic outlook and the impact on oil demand, while Russia again missed its target to...
Boeing expresses regret over ex-pilot's 737 MAX messages, faults simulator
Boeing Co said on Sunday it understood the outcry over leaked messages from a former test pilot over erratic software behavior on its 737 MAX jet...
Gojek CEO quits to join Indonesian cabinet, replacements named
Gojek CEO and co-founder Nadiem Makarim said on Monday he had resigned to join Indonesia's cabinet, and the ride-hailing and payments company said two senior officials...
Oil prices steady as investors weigh demand concerns
Oil prices largely held steady on Monday, recouping some early losses as investors took stock of global economic pressures that could impact oil demand.
Oil prices fall as global demand concerns grow
Oil prices fell on Monday on concerns about slackening global demand that outweighed bullish signals from Europe, where fears of an economically damaging no-deal Brexit have...
Global stocks gain on hopes for progress in trade war and Brexit
World shares nudged higher on Monday, as hopes for progress towards resolving the U.S.-China trade war and a belief that Britain will avoid a disorderly exit...
China seeks $2.4 billion in sanctions against U.S. in Obama-era case: WTO
China is seeking $2.4 billion in retaliatory sanctions against the United States for non-compliance with a WTO ruling in a tariffs case dating to the Obama...
Halliburton profit falls 32% on weak North America drilling
Oilfield services provider Halliburton Co reported a 32% slump in quarterly profit on Monday, hit by a slowdown in shale drilling in North America, its biggest...
Futures up on hopes of progress in trade war; Boeing shares slip
Wall Street looked set to start the week on an upbeat note on Monday, as investors hoped for progress in resolving the U.S.-China trade war, but...
‘Underwhelming’ financial services sector contributes to lagging productivity: report
Investment Executive Maddie Johnson Oct 16, 2019 C.D. Howe calls for more regulatory barriers to be removed For years, Canada’s productivity growth has lagged many of...
Unizo keeps door open for Blackstone, Fortress talks
Unizo Holdings said Monday it would continue talks with Blackstone Group and SoftBank-backed Fortress Investment Group on a potential takeover, raising the possibility of a bid...
Hopes for progress in trade war and Brexit buoy stocks
World shares rose on Monday, as hopes for resolving the U.S.-China trade war and a belief that Britain will avoid a disorderly exit from the European...